Katapult Holdings Q3 2026 revenue reaches $753.9M
Full story: https://grafa.com/en/news/united-states/katapult-holdings-q3-2026-revenue-753-million
Key points
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Katapult Holdings (NASDAQ:KPLT) reported third-quarter 2026 revenue of $753.9 million in its first quarter incorporating combined company operations following its mergers with Aaron's and CCFI.
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Net loss reached $28 million, while operating profit was $24.9 million and adjusted EBITDA totaled $110.4 million.
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The company identified approximately $30 million in annualized cost synergies and forecast fourth-quarter revenue of $975 million–$1.025 billion.
Katapult Holdings (NASDAQ:KPLT) reported third-quarter 2026 revenue of $753.9 million, operating profit of $24.9 million and a net loss of $28 million, or $0.38 per diluted share, following its merger with Aaron's and CCFI.
Gross profit reached $437.7 million at a 58.1% margin, while management identified approximately $30 million in annualized cost synergies from the merger and operating profit was affected by acquisition-related and restructuring expenses.
On a combined full-quarter basis, adjusted EBITDA increased 23% to $131.7 million from $106.8 million, while net loss widened to $44.5 million from $30.1 million, partly reflecting acquisition-related expenses.
Katapult ended September with $261 million in cash and cash equivalents, $10.8 million in restricted cash and $1.95 billion in debt, while forecasting fourth-quarter revenue of $975 million–$1.025 billion and adjusted EBITDA of $105 million–$120 million.
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